Podmienky obchodovania
Nástroje
[#USDX]
With the appearance of Hidden Bearish Divergence between the RSI(14) indicator with the EMA(50 & EMA(200 which intersect "Death Cross", then there is a wide opportunity for #USDX to weaken down to its nearest Support level.
Key Levels
1. Resistance. 2 : 97.31
2. Resistance. 1 : 96.81
3. Pivot : 96.27
4. Support. 1 : 95.77
5. Support. 2 : 95.23
Tactical Scenario
Pressure Zone: If the price breaks down below 96.27, there is potential pressure toward 95.77.
Momentum Extension Bias: If 95.77 is breached, there is strong potential for #USDX to move down to 95.23.
Invalidation Level / Bias Revision
The downside bias is restrained if the price strengthens and breaks above 97.31.
Technical Summary
EMA(50) : 96.39
EMA(200): 97.18
RSI(14) : 42.25 + Hidden Bearish Divergent
Economic News Release Agenda:
From the United States the following economic data will be released:
US - Unemployment Claims - 20:30 WIB
US - Revised Nonfarm Productivity q/q - 20:30 WIB
US - Revised Unit Labor Costs q/q - 20:30 WIB
US - Trade Balance - 20:30 WIB
US - Factory Orders m/m - 22:00 WIB
US - Final Wholesale Inventories m/m - 22:00 WIB
US - Natural Gas Storage - 22:00 WIB
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.